Benzinga | May 5, 2021 06:59AM EDT

Office Depot Q1 EPS $1.21 Beats $0.72 Estimate, Sales $2.40B Miss $2.41B Estimate; Approves New $300M Buyback

Office Depot (NASDAQ:ODP) reported quarterly earnings of $1.21 per share which beat the analyst consensus estimate of $0.72 by 68.06 percent. This is a 908.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $2.40 billion which missed the analyst consensus estimate of $2.41 billion by 0.41 percent. This is a 11.93 percent decrease over sales of $2.73 billion the same period last year.